
IndusInd Bank’s Q2 net advances climbed 11.2% YoY to ₹3,62,393 crore, while deposits rose 10.1% to ₹4,29,038 crore, according to the company’s filing.
Quarter‑on‑quarter, advances surged 11.1%, propelled by a 15% jump in retail loan disbursements and a 6% uptick in small‑business borrowing.
FCNR deposits swelled to $3.51 billion (₹33,627 crore) under RBI’s latest facility, with an outstanding loan of $1.73 billion (₹16,564 crore) tied to the Gift City branch.
The bank’s current‑account savings ratio slipped to 28% from 29.4% in June, signalling a modest realignment of deposit mix.
Net advances also outpaced the 3.4% QoQ rise in deposits seen in the first quarter, underscoring the bank’s stronger loan‑to‑deposit momentum.
Management will outline Q3 guidance in the forthcoming earnings call, expected in early November, as the bank continues to refine its credit strategy.